Sales Success and Strategic Growth at Sage and Flourish
As demand for housing intensifies across South East Queensland (SEQ), Cedar Woods is expanding its footprint through acquisitions in two of Queensland’s highest-growth corridors – the Moreton Bay region and Logan. New land acquisitions in Morayfield and South Maclean will contribute a further 105 lots at Cedar Woods’s Sage and Flourish communities, reinforcing the company’s growth and long-term commitment to the Queensland market.
The recently secured parcel at the corner of Conifer and Hauton Road in Morayfield will add a further 39 lots to the Sage community. This future stage will include a mix of terraced lots and standard homesites ranging from 170m² to 500m². Construction is scheduled to begin in January 2027, with market release planned for mid-year.
Similarly, a further 66 lots have been acquired at Flourish, located at the corner of Mountain Ridge Road and Pebble Creek Way, South Maclean. The new precinct will deliver a diverse range of products, including standard homesites, duplexes, and terrace lots, with construction due to commence mid-2027.
The decision to expand Sage and Flourish was driven by strong sales momentum at both projects. Sage has recorded 227 sales, with 155 settlements to date, and 76 contracts exchanged in the last financial year alone. The project continues to attract a diverse buyer mix, including first home buyers, investors, builders, and upgraders.
Flourish South Maclean has delivered 260 sales and 165 settlements to date, with 174 sales occurring in the past financial year. Notably, around 85% of purchasers are owner-occupiers, reflecting the project’s broad appeal across various household types and life stages. This demand underscores the growing need for housing in the region.
Cedar Woods Development Director Blair Britton noted, “Both the Moreton Bay and Logan regions are experiencing significant growth, with population projections indicating a combined increase of over 1 million people by 2046.”
“Strong capital growth is evident, with median house prices in Logan Central rising to $681,500, and Burpengary posting annual growth of 10.1%. This growth, combined with a low rate of new building approvals and low vacancy rates, underscores a clear and persistent demand for housing in these rapidly developing corridors," said Mr Britton.
Sage and Flourish exemplify Cedar Woods' commitment to delivering scalable, well-connected communities in high-growth areas. The two new acquisitions will not only extend the life and scale of two of Queensland’s high-performing projects but also strengthen our presence in the region. As market conditions evolve, Cedar Woods remains well-positioned to provide essential housing supply while upholding our focus on quality, liveability, and long-term community value.